Latest news with #JorgeBlanco
CBS News
5 days ago
- Business
- CBS News
Florida Keys fishermen seek tariffs as costs rise and prices fall
Local fishermen in the Florida Keys say they are looking for a lifeline as costs go up and the value of their catch goes down. They hope tariffs on foreign fish imports can help level the playing field. Replacing hydraulic hoses is a recurring cost for fisherman Jorge Blanco's boat. He got a discount on parts today but said if he had paid the full price, it would take more than one fishing trip to make that money back. "The amount of lobster I would have to catch—that's ten thousand pounds of lobster," Blanco said. Blanco was featured in a recent YouTube video in which he hoped to sound the alarm on his industry. He said expenses have gone up, but the value of the lobsters he catches has gone down. Blanco said foreign fish imported into the U.S. have lowered the market value of local catches. He said buyers prefer fish from overseas because it is sold for less than his asking price. "It's crippled us. They're asking for a quarter of what we're asking for," Blanco said. According to the U.S. Department of Agriculture, U.S. seafood imports have increased almost every year from 1995 through 2023. The National Oceanic and Atmospheric Administration says the U.S. now imports nearly 80% of its seafood. Last year, the top seafood importers into the U.S. were Canada, Chile, India, Indonesia and Vietnam. The Trump administration has imposed 35% tariffs on Canada and 50% tariffs on India. "I think a tariff could bring up the price on that product, will discourage these restaurants and these buyers to buy overseas and buy a local product here," Blanco said. Jerome Young, executive director of the Florida Keys Commercial Fisherman's Association, said food lovers in the Keys would appreciate knowing their seafood was caught locally. "Domestically people would pay more if they just knew," Young said. "They've gotta know what they're eating." Blanco said other variables he has to worry about every day on the water include never being able to guarantee he will catch enough fish to make the trip worth it. On top of that, there are limits on how many fish he can bring to shore. Blanco said if the market does not change in the next year, he may have to shut his business down.
Yahoo
05-06-2025
- Business
- Yahoo
Altus Group's Benchmark Manager Wins 2025 Realcomm Digie Award
ARGUS Intelligence's new Benchmark Manager recognized for 'Best Tech Innovation in CRE' TORONTO, June 05, 2025 (GLOBE NEWSWIRE) -- Altus Group Limited ('Altus' or 'the Company') (TSX: AIF), a leading provider of commercial real estate ('CRE') intelligence, is pleased to share that its newly released Benchmark Manager add-on on ARGUS Intelligence has been awarded the 2025 Realcomm Digie Award for Best Tech Innovation in CRE. Presented at the Realcomm | IBcon 2025 conference in Savannah, GA, the award celebrates groundbreaking technology that is advancing the CRE industry. Benchmark Manager is the Company's latest add-on capability on ARGUS Intelligence – Altus' new flagship platform for modeling, monitoring and managing CRE asset and portfolio performance. With the ARGUS Intelligence Benchmark Manager add-on, investors now have access to a performance management solution that integrates cashflow modeling, scenario analysis, and market benchmarks. This augments performance attribution analysis to a new level. It helps investors evaluate the strengths and weaknesses of their assets and portfolios. The increased intelligence drives higher quality and more timely decisions. 'We're honoured to receive this recognition from Realcomm,' said Jorge Blanco, Altus' Chief Strategy Officer, who attended the conference as a featured panelist. 'ARGUS Intelligence's Benchmark Manager represents a major leap forward in how performance data is used in CRE and directly responds to client feedback. Market comparisons are only as good as the veracity and currency of its underlying data. Those are the two pillars of this new capability. It is driven by one of the most comprehensive datasets in the industry. The award recognizes our ongoing commitment to persistent innovation.' Now in its 26th year, the Realcomm Digie Awards recognize visionary companies, projects, and leaders that are transforming the real estate landscape through the application of technology, automation, and innovation. For more information about Benchmark Manager and ARGUS Intelligence, visit About Altus Group Altus connects data, analytics, applications and expertise to deliver the intelligence necessary to drive optimal CRE performance. The industry's top leaders rely on our market-leading solutions and expertise to power performance and mitigate risk. Our global team of ~2,000 experts are making a lasting impact on an industry undergoing unprecedented change – helping shape the cities where we live, work, and build thriving communities. For more information about Altus (TSX: AIF) please visit FOR FURTHER INFORMATION PLEASE CONTACT: Elizabeth LambeDirector, Global Communications, Altus Group+ while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
